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Eos Energy CCO Sells 50K Shares Amid Strong Bull Run
Yahoo Finance· 2026-01-31 20:38
Company Overview - Eos Energy Enterprises, Inc. designs and manufactures stationary battery storage solutions, with its flagship product being the Eos Znyth DC battery system, focusing on long-duration energy storage for utility, commercial, industrial, and renewable energy clients across the U.S. [5] Transaction Summary - Nathan Kroeker, CCO and Interim CFO, sold 50,000 shares for approximately $802,000 on January 26, 2026, through an option exercise and immediate sale [1] - The transaction value was based on a weighted average purchase price of $16.04, with a post-transaction value of approximately $10.73 million based on the market close of $16.19 on the same day [2] Ownership Impact - Following the sale, Kroeker's direct shareholding decreased by 7.0% to 662,512 shares, with no mention of indirect shares [8] - This sale was smaller than the previous sell event of 152,856 shares in May 2025 and below the recent median sell size of 85,377 shares [8] Market Performance - Eos Energy's stock experienced a significant increase, with share prices rising approximately 131% in 2025 and an additional 25% in January 2026 [9] - The company announced the launch of its new energy storage solution, Eos Indensity, which is expected to enhance its market position amid a global shift towards electric energy [7][9] Financial Metrics - As of January 31, 2026, Eos Energy's stock price was $14.64, with a market capitalization of $4.74 billion and a revenue of $63.46 million for the trailing twelve months [4] - The stock has shown a 1-year price change of 169.12% [4]